Reference no: EM131020803
Global Business Environment
Short Answers
1. With use of three specific examples, describe and explain how the WTO attempts to mitigate risks in the global business environment?
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2. With the use of a comparison between two countries, describe and explain how countries' differing legal systems can impose risk within the global business environment. (for example, you may wish to compare any two of the following: China, Pakistan, United States and the E.U.)
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3. With use of any two examples, describe and explain how technical standards may be used to reduce risk in the global business environment?
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4. Describe and explain the five steps used in the planning cycle of an international venture(defining the mission statement, defining the current status of business, determining corporate strategy, identifying international opportunities, and revising the business plan). Outline how this process mimics the PDCA management strategy.
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5. Describe and explain three strategies that you would use in determining whether to enter the market "step by step or full speed ahead".
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6. With use of an example for each, describe and explain the four types of intellectual property (patent, industrial design, trademark, and copyright).
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Scientific management and strategic management
: Explain the similarities and differences between Scientific Management and Strategic Management. Explain whether Strategic Management could have been developed without Scientific Management as its predecessor.
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Calculate the cash point for the department business shirts
: Calculate the unit costs for one standard Micro Computer or specialized Micro Computer for both customers - Compare both orders for the effect of complexity and for the effect of degression and calculate both effects
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Problem based on the mean value theorem
: Does there exist a number c in the interval (-4, 3) such that f'(c) is the slope m of the secant line passing through the points (-4, 6) and (4, 1.8)? Is your answer consistent with the statement of the Mean Value Theorem?
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Production and inventory costs
: Establish a production schedule that minimizes production and inventory costs and satisfies the labor-smoothing, demand, and inventory requirements. What inventories will be maintained, and what are the monthly labor requirements
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Problem regarding the global business environment
: With use of three specific examples, describe and explain how the WTO attempts to mitigate risks in the global business environment?
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Why would the marginal costs of offering a mooc be low
: An article in the Economist magazine discussing MOOCs observed: "Though marginal costs are low, designing enticing online material is costly." Why would the marginal costs of offering a MOOC be low? What is the relationship between the marginal co..
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List the errors in the following graph
: List the errors in the following graph. Carefully explain why the curves drawn this way are wrong. In other words, why can't these curves be as they are shown in the graph?
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What are diseconomies of scale
: What are diseconomies of scale? What is the main reason that a firm eventually encounters diseconomies of scale as it keeps increasing the size of its store or factory?
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Why rising costs chipmaking machines lead chipmaking company
: In 1966 a new fab cost $14 million. By 1995 the price had risen to $1.5 billion. Today, says Intel, the cost of a leading-edge fab exceeds $6 billion. Why would the rising costs of chipmaking machines lead chipmaking companies, such as Intel, to b..
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